Loan Amount:
Up to ₹50 Lakh
Interest Rate
Starting at 9.99% p.a.
Loan Tenure
12-84 Months

Personal Loan EMI Calculator

Check your loan EMIs quickly using our online EMI calculator. Enter the loan amount, tenure, and the rate of interest. Calculate now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99%
30%

Tenure

Months
12 Months
84 Months

Why Choose Poonawalla Fincorp

Collateral Icon Collateral-free
Loan
Use Icon No End-use
Restrictions
Interest Rate Icon Competitive
Interest Rate
EMI Icon Flexible Loan
Tenure
Zero Icon Zero Hidden Charges
document icon Minimal Documentation

Apply for a Personal Loan In Just 3 Steps

Step 1 icon

Click on “Apply Now”

Tap the “Apply Now” button to initiate your application.

Step 2 icon

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Step 3 icon

Upload Documents

Upload the necessary documents for quicker approval.

Get exclusive offers thoughtfully customised just for you

Qualify for a loan for personal use by meeting these simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment Type: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: Minimum ₹30,000 per month.

Furnish a few essential documents to get a loan for personal use:

  • Address Proof: Utility Bills, Passport, or Rent Agreement.
  • KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport.
  • Employment Proof: Official Email ID or Employee ID Card.
  • Financial Documents: Bank statements for the last 3 months.
  • Income Proof: Salary slip for the last 1 month.

We offer a loan for personal use at competitive interest rates and minimal charges:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹1660* per Lakh for 84 months
Loan Tenure
12- 84 months
Prepayment/Foreclosure Charges
1. Before repayment of first six EMI:
i) If Foreclosure or Prepayment is done including balance transfer from another financial institution – 4 % on amount being prepaid plus applicable taxes.
2) After repayment of first six EMI:
i) If Foreclosure or Prepayment is done from own funds of the Borrower- Nil charges.
ii) If Foreclosure or Prepayment is done any other source including by balance transfer from another bank/financial institution- 4% on amount being prepaid plus applicable Taxes.
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nill

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

  • Home renovation
  • Higher education
  • Hospital bills
  • Debt consolidation
  • Wedding
  • Salaried individuals
  • Salaried doctors
  • Salaried Chartered Accountants
  • Salaried Company Secretaries
  • Meet the eligibility criteria
  • Have all necessary documents ready
  • Improve your credit score
  • Review the loan terms carefully

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

To get a quick approval for a Personal Loan from Poonawalla Fincorp, you need to meet our eligibility criteria and upload the required documents, such as ID, address, and proof of income.

Then, apply online by filling out our application form. Upon successful verification, you can expect quick approval and disbursal. This streamlined process provides you with efficient access to the financial support you need.

A fixed interest rate is one that remains unchanged throughout the loan tenure, while a floating rate change based on market conditions.

Yes, you can apply for our Personal Loan even if you have other outstanding loans, as long as you meet our eligibility criteria and demonstrate your creditworthiness and loan repayment capability.